According to accountants, your car itself is an asset because it is something you own which can be sold for cash i.e. it counts as an asset. However, all the other areas of owning a secondhand car lead to confusion. Petrol, repairs, insurance and vehicle finance payments are all costs of owning a car i.e. expenses. A car loan [...]
Recent figures show that Sub-Saharan Africa’s GDP is expected to reach 4.8% in 2017, as compared with predictions of only 2.3% growth for China between 2016 and 2018. Africa’s economy is expected to grow 5% in 2016. We call this economically emergent continent home. So many entrepreneurs come up with a good idea, but find their expansion plans thwarted at every turn. The [...]
Bad credit should not hold you back from getting vehicle financing for your family this festive season. Earn-a-car is a company that offers car finance deals to those who have bad credit. However, there is a host of benefits when you choose easy finance through Earn-a-car. Here is why you should choose easy vehicle finance from Earn-a-car: You can [...]
Being blacklisted comes with a wide range of consequences. While people generally hate the fact they’ve been blacklisted, it should be a point of comfort to know that in South Africa, you’re not alone. Many people get a bad credit rating due to unforeseen circumstances. Even though they have made amends and are in the process of rebuilding their [...]
As a business owner, you undoubtedly want to make the best financial decisions in order to take your business to the next level. As many start-up business owners and entrepreneurs will know, you can and will probably face many setbacks during the first few years of your business. In South Africa, it’s vital to have your own transport. This [...]
Everyone has their own individual needs when it comes to the car they want and the vehicle financing they can get. What might work for one person may be a bad option for another person. In this blog post we discuss the various benefits and drawbacks of buying a new car: Benefits of buying a new car It’s brand [...]
There are a number of repercussions when you become blacklisted, like not being able to get a car loan, not being able to get new lines of credit and constantly weighing your options when you need financing for various things. Even if you were blacklisted years ago, you probably feel like some purchases aren’t always a good idea. It’s [...]
Earn-A-Car has become the go-to company in South Africa for alternative methods of vehicle financing. If you have been blacklisted in the past, you might find it hard to get a car loan from the banks. We saw this very real and problematic gap in the market and decided to create an affordable, win-win vehicle finance programme for the [...]
When you (or your partner) is expecting a little one, you need to get ready for many changes in and around the home. Not only do you need to consider things such as the safety elements in your house, but you also need to think about the practicality of your existing vehicles. There are a number of reasons why [...]
Buying a car is a big commitment. In South Africa especially, cars are pretty expensive (compared to vehicle prices in the rest of the world). At Earn-A-Car, we often see people committing to vehicle finance and car payments before carefully considering their options. Here are a few questions you should ask yourself before you buy a car and commit [...]
